Egyptians seeking to build their homes are turning their attention to the fluctuated prices of steel and cement, two fundamental materials for construction. On February 24, 2025, reports indicated the price per ton of various steel products, with Hadeed Ezz, one of the most recognized manufacturers of steel, priced at 40,118 EGP. The survey also revealed the following prices for other types of steel: Beshay Steel at 36,244 EGP, the investment steel at 38,180 EGP, and Steel at 36,500 EGP.
Meanwhile, the price of cement remained relatively stable, with several major brands offering their product at competitive rates. The Arabic Company’s cement price was reported at around 2,000 EGP per ton, which reflects consumer demand for reliable construction materials. Notably, the price of gray cement stands at 3,055 EGP, indicative of current market conditions.
Switching gears to the economic performance, the Tunisian stock market ended its initial session of the week on February 24, 2025, on a positive note. The Tunindex climbed by 0.18%, reaching 10,530.14 points, gaining 18.94 points from the previous session. This upward trend also extended to the Tunindex 20, which rose by 0.29% to 4,678.28 points, marking a multiple growth spur for investors.
Prominent among the stock movement, the shares of the Commercial Bank increased by 2.95%, demonstrating investor confidence, followed by Tunisia Emirates Bank which saw gains of 2.38%. Conversely, the shares of Silkome experienced the most significant decline at 4.09%, with ITAC shares also crumbling by 4%.
Today’s transactions illustrated substantial investor interaction, with the Bank of Aman leading the trading volume with around 48,210 shares exchanging hands for approximately 1.79 million dinars. Overall, the total volume of traded shares on this day amounted to around 511,890 shares, summing up to 6.46 million dinars.
These indicators reflect substantial consumer inquiries about material prices which are integral for construction, and they demonstrate how the local economy continues to evolve, potentially marking fresh trajectories for both the construction and financial markets.
While construction stakeholders keep close tabs on material prices, investors on the Tunisian stock exchange also remain vigilant as these indices may dictate future movements and investment decisions. The fluctuation of prices and market trends highlights the interconnectedness of different sectors within the economy. Great importance is placed on how such dynamics continue to shape consumer expectations and market confidence.